China's power generation up 7.4pc in Jan- September

China's power generation rose 7.4 per cent in the first nine months of 2018, with electricity from nuclear and wind power facilities expanding at a fast pace in September.

The growth in the first three quarters was 0.3 percentage points lower than the first eight months, the National Development and Reform Commission said Wednesday, reports Xinhua.

In September, electricity from hydropower plants rose 4.1 per cent. Nuclear and wind power production surged 12.8 per cent and 13.5 per cent, respectively.

Power consumption in the first nine months rose 8.9 per cent, 2 percentage points faster than the same period of last year, but slightly slower than 9.0 per cent for the first eight months of this year.

The slowdown in power production and consumption came amid slightly slower economic growth.

China's economy expanded 6.7 per cent in the first three quarters, down from 6.8 per cent in the first half but staying above the government's annual target of around 6.5 per cent.

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